News

PwC says unresolved issues around wallet transfers, asset valuation and withholding tax could complicate compliance. VASPs face extensive reporting and tax-administration duties, with penalties reaching N10 million for the first month of default. The firm says clearer guidance...

23 new programmes approved by NBTE for Federal Polytechnic, Ukana. Total programmes rise to 44 from the 2026/2027 academic session. New courses include Artificial Intelligence, Cybersecurity, Renewable Energy, Mechatronics and Water Resources Engineering. Full accreditation and quality assurance...

Dangote Refinery is targeting up to $5bn from its proposed Nigerian IPO, which could become Africa’s largest public offering. The final offer size, however, will depend on regulatory approval and the structure of the transaction. The refinery’s recent...

Federal Government confirms another 83 Nigerians will return from South Africa on August 19, bringing fresh attention to the worsening security concerns facing Nigerians amid rising Afrophobia. Latest evacuation, funded by private philanthropists, follows the conclusion of the...

APC governorship candidate, Bola Oyebamiji, says he respects INEC's declaration of Governor Ademola Adeleke as winner of the August 15 Osun governorship election while backing his party's review of the outcome. Oyebamiji thanks thousands of APC supporters, party...

The United Kingdom has urged Nigeria to implement far-reaching electoral reforms before the 2027 general elections, warning against vote-buying. While congratulating Governor Ademola Adeleke on his re-election, the British High Commission commended Osun voters for their peaceful participation...

Thirty-one state governments spent a combined N252.26 billion on security between January and June 2026, with Kogi, Plateau and Bauchi emerging as the biggest spenders Security-related spending rose sharply from the previous year, driven largely by increased allocations...

School proprietors say candidates with exceptional academic records, including several who scored above 300 in the 2026 UTME and consistently excelled in internal assessments. Administrators raised concerns over technical glitches experienced during WAEC's CBT preparations, the introduction of...

Femi Otedola acquired another 147.74 million First HoldCo shares for N20.7bn through Calvados Global Services Limited. The latest purchase brings his disclosed First HoldCo share acquisitions in 2026 to about N412bn. Otedola’s continued accumulation comes as First HoldCo...

NARD has proposed a nationwide 48-hour maximum work week for doctors and other healthcare personnel, saying the move is necessary to tackle burnout, fatigue and the growing threat to patient safety. The new framework limits doctors to two...